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Peppercorn Rent and Public Rage: Parliament Takes Aim at Prince Andrew

In recent days, MPs in the UK Parliament have ramped up pressure on Prince Andrew over his long-standing residence at Royal Lodge in Windsor Great Park and the lease arrangements tied to it. The estate, part of the Crown’s property holdings, was leased by Andrew in 2003 for 75 years in return for a £1 million payment and he paid for around £7.5 million in refurbishments, but has reportedly paid only a symbolic “peppercorn” annual rent for more than two decades. Critics argue the arrangement lacks transparency and raises questions about taxpayer interests and the Crown estate’s oversight. At…

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